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Highly Profitable Rug & Carpet Business

Gwinnett County, GA (Relocatable)

Highly Profitable Rug & Carpet Business
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Asking Price: $5,000,000

Cash Flow: $680,935

Gross Revenue: $4,609,861

EBITDA: $470,435

FF&E: $27,697

Inventory: $563,363

Rent: $4,700 /Month

Established: 1979

Highly Profitable Rug & Carpet Business

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Business Description

This listing is for a highly profitable rug and carpet business located in the north Atlanta suburbs that is available to a qualified buyer. This business offers a buyer a substantial yearly income of over $600,000. The business specializes in sale and installation of carpet for residential customers. The business also does commercial sales to businesses, apartments, etc. They carry a wide variety of rugs of all sizes and styles and a wide variety of carpet for every budget. The business is a well-established fixture in their community that has a stellar reputation in their marketplace and a large base of loyal customers. With multiple five-star reviews, its great reputation and loyal customers, this is the premiere carpet and rug retailer and installer in the northern suburbs of Atlanta. Over the last three years, the business has seen consistent growth in their adjusted cash flow and over $5,000,000 in assets is to be transferred with the sale of the business. Over $4,000,000 of those assets are guaranteed contracts for 2019. The business can be relocated if needed as well. Their real estate is leased. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone or by email.

Detailed Information

Location:
Gwinnett County, GA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
12/31/2022
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Relocatable. Leased Facility. $4,700/Month 2,000 sq ft office space. 8,000 sq ft shop. Expires 12/31/2022
Growth & Expansion:
Expand Sales/Marketing Territory, Add Sales Staff
Support & Training:
Owner will train the buyer for 4 weeks at no cost
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tommy Farmer

Business Listed By:
Tommy Farmer

The Marvin Group LLC

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